Colombia's central bank holds interest rate unchanged at 12.25%

FinanceColombiaRevista SemanaOct 30, 2026, 1:32 PM35 s readAI summary

Banco de la República decided to keep its benchmark interest rate unchanged at 12.25%, the same level as at the previous meeting. According to the central bank, the decision comes amid the challenges facing the Colombian economy in inflation, growth and price stability, and aims to boost economic activity, encourage household consumption and ease access to credit. Governor Leonardo Villar and Finance Minister Miguel Gómez explained the reasons; Gómez did not take part in the press conference afterwards.

In 35 seconds

The benchmark rate stays at 12.25%, unchanged from the previous meeting.
The central bank frames the decision within the challenges of inflation, growth and price stability.
The stated aim is to boost economic activity, household consumption and access to credit.

Read the full story at Revista Semana

IASummary generated by artificial intelligence from a story by Revista Semana. It may contain errors: the original source prevails.

Banco de la República
tasas de interés
política monetaria
inflación

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Colombia's central bank holds interest rate unchanged at 12.25%

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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